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I would not expect a response.
What im refering to as fake news is that this will be any issue for any average investor. And large investors have teams of lawyers That would have reviewed this. Last I heard constellation Brands is still selling beer in the US, get what I’m saying?
Below is a link to the same story posted back in july. Have you or anyone else been barred entry since then? NOPE.
https://www.google.com/amp/s/www.cbsnews.com/amp/news/canadian-pot-investors-are-being-banned-from-entering-us/
^pfffft
Fake news... this article was also published months ago with about the same result.
Nothing but scare tactics.
Nothing to worry about.
NYSE does not take on undue risk. Its a non-issue.
I think so, yes.
With only a minority stake CGC is not liable for a TSX delisting.
Bruce always aays “canopy” will only do business where 100% legal at fed level.
RIV is not CGC.
I also see rivers dual listing to the NASDQ if profitable.
GLTA
I guess any publicity is good publicity...
Buy Cramer attracks uniformed investors and weak hands like flies.
DO NOT READ SEEKING ALPHA Articles
They push their own agenda, for personal gain.
Hit pieces plain and simple.
At the bottom they always disclose their poistion that directly benefits from the crap they spew in the articles they publish.
Julian Lin. Shame on you.
You are not a financial journalish.
You are a puppet. Shame.
Up 7-8% pre market in the US.
Profit takers are missing the boat again. Shorts getting burned.
Long holders in good moods drinking morning coffee.
I commented a while back that the US has a very small % of people who know what is happening in Canada. News is starting to hit the main stream. But I still believe 90% of Americans do not yet know what is happening in Canada Oct. 15th. These gains are sustainable and millions of new players are yet to take their seat at the CGC table.
Agree. Sorry i didnt put USD.
Im from the US and think/blog in USD.
<2.00.*
My holiday hangover is making typing on my phone difficult.
If only there was a legal product that helped a hangover, or didnt gove you one from the night before.
Oct.17th you cannot come soon enough
was a joke
I did start accumulating in early-mid 2015, >2.00. But also many times since then as well.
The point from way back. Is that the chart we were origionally discussing from nowwhat was in my opinion not factoring in the influx of cash support and current market conditions and reflected a large pull back from current levels, which in my opinion was to bearish given the current cash on hand and valuation of cgc.
Just my opinion but i do bot expect a pullback below $40 before rec starts. And probably some over bullish spikes to 50-60 range. GLTA
Up 1,000,000% from where i started. Just saying
Aim2 delisted pending reverse merger. Cannot buy.
If you can find any info on the canopy rivers OTC ticker please post it.
market vale/market cap up over 30% from last peak.
The last constellation investment changed the underlying market value of cgc by 30% and your charting on static growth. not factoring in market events. Support levels are much higher as seen over the last 4 trading days. Bad analysis...
The shorts still remember being 100% burned on the positions they took on cgc before our last financials were released. Lots of “rocket fule” available to burn them again. And again. And again.
Go short TLRY if news doesnt drop this weekend.
When Germany news drops over the long weekend and TLRY picks up an after hours deal with big alcohol to boost the sector you will wish you picked up those last few shares ;)
Canopy Rivers on the way.
GLTA!
Time to enjoy a long weekend of waiting for the Tuesday escalator to $50 USD.
Most peope in thw USA.
And im talking 95-99% have no clue that canada has even legalized recreational sales.
Its going to come theough our news like a tidal wave.
Im talking a Good morning america, this is just now happening with no warning, lie to the masses tidal wave of news on the white collar stay at home mom level.
Canopy rivers starts trading the week of Sept. 17th
Do you not think this is the next catalyst and then the split comes the week or so running up to Oct. 17th?
Micosoft paint and hindsight, a great chartist do not make.
Lol. Love the doodles though. Keep on doodling clouds and slick lines my man.
TORONTO, Aug. 23, 2018 /CNW/ - Canopy Rivers Corporation ("Canopy Rivers"), the venture capital investment platform of Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) ("Canopy Growth"), is pleased to announce that it has set a date of September 12, 2018, for its upcoming shareholder meeting in connection with the proposed business combination involving AIM2 Ventures Inc. ("AIM2") and Canopy Rivers (the "Go Public Transaction").
As previously announced, Canopy Rivers has entered into a definitive amalgamation agreement with AIM2, which outlines the terms and conditions pursuant to which the parties will complete the Go Public Transaction. The Go Public Transaction will result in a reverse take-over of AIM2 by Canopy Rivers and will constitute AIM2's "Qualifying Transaction" under Policy 2.4 – Capital Pool Companies of the TSXV Corporate Finance Manual.
Subject to receipt of all required approvals, including the final approval of the TSX Venture Exchange (the "TSXV"), the Go Public Transaction is expected to close and the subordinated voting shares of the resulting issuer are expected to commence trading on the TSXV under the symbol "RIV" during the week of September 17, 2018.
TLRY and Cronos group are really inflated... If a serious deal does not materialize for these guys it is going to get ugly. And then...
Their production capacity pales in comparison to CGC.
I do not know when these other alcohol companies expect to have enough raw product available to reach any level of serious beverage production. Ya dig? If they want to be making beverages in 2019 they are dreaming. It is going to take a good amount of time and R&D to get this is a format that is viable. And then how do you stock the shelves? Not many people pay attention to the fact that health canada has to give you a license for increased production capacity and they have a time lag for these licenses, after the facilities are built and inspected.
CGC+Constellation have supperior production capacity and a years head start.
It is my personal belief that they are ready today. Now. Right now. With all of the products that will be rolled out. And it is more of a waiting game at this point. Will be interesting to see how soon the bottling facility is announced. Just a matter of time.
Look at the 1 and 5 day charts for the TSX index.
This "NAFT" mess has had an impact on the entire CAN market and the dip mirrors what we also see in Canada. Buying opportunities are here.
Also, has anyone heard if Canopy Rivers will be available OTC, post IPO for those of us south of the boarder? I saw the ticker "RIV" will list on the TSXV, wondering how to get my hands on some of these shares without a proxy.
agreed. 29% ownership will help CGC, but not a bone.
The 89% voting rights and board appointments ensure that we control this subsidiary and I am surprised that CGC did not take a controlling interest pre-IPO. Maybe this is a CYA move due to the more volatile nature of smaller corporate brands/small corp. investing? this is a good article on Rivers
(YES, IT IS AN OLD ARTICLE)
https://seekingalpha.com/article/4143140-legal-weed-kingpin-part-ii
I am very interested to see how canopy provides financing through canopy rivers once the IPO happens.
Rivers was supposed to be the venture-capital arm, and now with canopy sitting on almost 6,000,000,000 cash on hand. I could see them buying out a controlling interest in the shares to be able to move cash freely into rivers. This would also greatly benefit the majority shareholders who have minority voting rights currently. We know canopy loves to help out their early inside investors. And what artificially inflate rivers market cap overnight. and what artificially inflate rivers market cap overnight. Any thoughts fellas?
My thougts are that a % of STZ investors put there money into an alcohol company, and are not comfortable with the pivot to cannabis. They will miss out on a hefty return becaise of misguided principles.
But its a short term sell off from the closed minded % of their investors.
I did a good bit of research on indoor harvest Corp a year or so ago.
Canopy does not seem to be using any of their designs or products today.
If you look at any of our greenhouse designs we’re growing in a coconut/fert substrate with the drip irrigation. When looking at how our clones and cuttings are being grown and transported, we are also not using any of their designs/products. There was a pilot program with them and canopy chose not to continue this or buy any of their patents.
I’m not sure that the large scale grow platforms they make are scalable or meet the cGMP standard bruce has come to expect from all new facilities. It may be possible that this would be used for production in the US for only US sale, but that’s just speculation. I would not put my money into these guys. There are much bigger and more technical companies with a lot more insight into full spectrum lighting systems. It may be possible that this would be used for production in the US for only US sale, but that’s just speculation. I would not put my money into these guys. There are much bigger more technical companies with a lot more insight into partial/ full spectrum lighting systems. Cree... GE... And their manufacturing facilities would provide lighting at a much more competitive price point for the size these grows have become.
Touche! Touche my friend!
I think thats a streach..
Beer has been around for 1,000’s+ years in some form.
But a cannabis option will eat up some market share.
I thought sunniva at first as well a few months back, but now im set it will be sunselect for US entry.
They are a private company, and would not require a stock deal on their end. They may also be priced as a produce grower not at the premium of a cannabis company.
I know we have a purchase supply deal with sunniva. But this is just the canadian greenhouse. Not CA.
Sunniva has plans to split their CAN and US business at the boarder.
I think it is more likely we would acquire the sunniva CAN assets just for their medical patient network.
And pick up sun select greenhouses, which are actually functioning in the US and not just being built. It would be similar to the VERT Maribel deal.
Just my 2 cents
This volume is smoothing out all the anxiety of the last few weeks.
I wish i could pull back the curtain and see the corporate names behind the +200K-300K share purchases.
Its not just bob in his garage investing anymore.
Anyone heard info on Canopy Rivers? From reading the financials it looks as if they have been some busy beavers as of late. How about that public listing Eh?
"Build a better mousetrap, and the world will beat a path to your doo
Have you heard of Canopy craft grow partners? You think they will not use some of their 900million in cash to purchase smaller growers with speciality product... come on. Of course they and other large LPs will fight to purchase popular strains they do not already have. How about DNA genetics?... And the variations and all future development of the strains from out defunct Bedrocan partnership...
Not to mention that bedrocan realized we were going to be so profitable they would rather step away from the market for over a year to maintain their independence than be swallowed up and burried.
Deloitte is the auditor for CGC. A multinational firm with a solid reputation.
Accounting tricks? ALL COMPANIES USE THESE... its not ao much a trick as just being intelligent in executing business. Come on man.
Superior product. Superior growing power. Superior distribution. Superior corporate partnerships.
If the legal market can compete with the ease of purchase new online sales and retail bring it on.
When people can pay and know what they’re getting Is standardized and regulated, I think saving a dollar a gram will be a grain of sand on the beach
Your microsoft paint drawings are beautiful.
What is the going rate for a signed origional? ;)
P.S. the shorts are going to be shorting in their pants soon.
Canopy sales will double, tripple, quad, to the moon!
375,000 share purchase 30seconds before close.
have to love the fat cats that are now dabbling here. beat it up, buy it up.
price manipulation.... grumble grumble
nothing has changed. just big money being big money. Chop it down buy it up. chop it on down again
Why would you say it would do this?
Nothing has really changed in anyone’s forecast in the last week. I think some people might’ve pulled money out for TLRY. Otherwise everything with canopy is just marching along at the strongest Fastest pace in the industry as always. I saw that hit job piece from forbes. But if packaging is limited In advertising Consumers are going to buy based on, availability, quality, consistency and price.And this is where CGC is going to kill the competition
Creating sales, pushing the price higher on the shares they kept?
Genius. lol.
I will see myself out...
Im with you. Fortunate times indeed.
Refering more to erratic trading patterns based on no real business reasoning.
Drops on the open several days running because... Im not quite sure?
Profit taking before a split and an IPO of a 100% voting controlled subsidiary? maybe they know somwthing i dont. Maybe summer vacations are breakin some budgets ;)
Brand new profile! Bullish and un-jaded by the last week!
I was following here a few years before I made my first post. Really respect all opinions and the great data everyone provides!
I think the split will be beneficial for everyone.
Easier access to shares and the price will be more appealing to the sector eyeball test.
I received my info on the vote to approve the boards decision. But, does anyone have the link that says the board vote is July 30th?
Canopy Rivers still sitting in wait?
Does anyone have info on the listing date for the new ticker?
or really any more tidbits on this sleeping giant?
TY & GLTA
unfortunately right now, most people that understand this sectors products and demand lack an understanding of financial markets. turbulence ahead until institutional ownership tips 50%